On the 13th of December 2010 the OECD has signed a partnership agreement with the Global Reporting Initiative (GRI) to help companies make greater use of the OECD Guidelines for Multinational Enterprises and the GRI Sustainability Reporting Framework, bringing increased coherence and consistency to their efforts to act more responsibly and be more transparent about their sustainability.

The OECD Guidelines for Multinational Enterprises and the GRI
Sustainability Reporting Framework are based on and promote the same
internationally agreed standards and principles for responsible business
conduct, including social and human rights and economic and
environmental matters. The GRI Sustainability Reporting Framework
provides guidance on how to measure sustainability performance and the
OECD Guidelines for Multinational Enterprises a benchmark to assess such
performance.

The Memorandum of Understanding (MoU) between the OECD and GRI aims to establish a three
year program to encourage companies to use both the OECD Guidelines for
Multinational Enterprises and the GRI Sustainability Reporting
Framework. The MoU also outlines the way GRI and OECD can work together
to make use of the synergies between the two instruments and strengthen
cooperation in other common areas of mutual interest.